Stephen G. Kaniewski - 13 Dec 2021 Form 4 Insider Report for VALMONT INDUSTRIES INC (VMI)

Signature
/s/ R. Andrew Massey for Stephen G. Kaniewski
Issuer symbol
VMI
Transactions as of
13 Dec 2021
Net transactions value
-$222,478
Form type
4
Filing time
15 Dec 2021, 11:41:26 UTC
Next filing
20 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMI Common Stock Award $0 +4,276 +12% $0.000000 39,346 13 Dec 2021 Direct F1
transaction VMI Common Stock Tax liability $222,478 -902 -2.3% $246.65 38,444 14 Dec 2021 Direct
holding VMI Common Stock 237 13 Dec 2021 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VMI Non-Qualified Stock Option (right to buy) Award $0 +15,858 $0.000000 15,858 13 Dec 2021 Common Stock 15,858 $252.89 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock unit award which vests in three equal installments commencing December 13, 2022.
F2 Options vest in three equal annual installments commencing December 13, 2022.